Governing Finance for Sustainable Prosperity in South Korea
9 March 2026 | Seoul, South Korea | Co-hosted with AMRO and SEACEN | By Invitation
Monetary, Roundtables | Tags: Economic Growth, Financial Supervision, Governing Finance, South Korea, Systemic Risks
Welfare and economic growth in South Korea increasingly depend on the country’s capacity to align economic priorities with the need to address long-term structural transformations. Immediate challenges – such as the cost-of-living crisis and more frequent and more extreme weather events – are deeply interlinked with longer-term shifts, including the digitalization of finance, population ageing, the green transition, and accelerating technological change. Financial markets – and thus the financial authorities that govern them – are at the center of addressing these challenges. Central banks, financial regulators and supervisors play a critical role in building resilient financial markets and economies amidst novel risks, and to unlock the opportunities associated with the deep structural changes ahead. This raises a pivotal question: What arrangements in the governance of finance are required to effectively manage these challenges and harness the opportunities they present?
Against this background, the ASEAN+3 Macroeconomic Research Office (AMRO), the Council on Economic Policies (CEP), and the South East Asian Central Banks (SEACEN) Research and Training Centre co-hosted a roundtable for decision-makers and thought leaders in South Korea’s financial governance. Held under Chatham House rule, the discussion provided an opportunity to exchange views and best practices, foster a shared understanding of the challenges ahead, and explore options for rethinking and adapting financial governance over the next five years.
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